Leases (Tables)

6 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of Balance Sheet Presentation of Operating and Finance Leases

The balance sheet presentation of the Company’s operating and finance leases is as follows:

(In thousands)	Classification on the Condensed Consolidated Balance Sheet	December 31, 2021
Assets:
Operating lease assets	Operating leases, right-of-use assets, net	$	206
Financing lease assets	Property and equipment, net		516
Total lease assets		$	722
Liabilities:
Current:
Operating lease obligations	Lease liabilities, current	$	92
Financing lease obligations	Lease liabilities, current		135
Non-current:
Operating lease obligations	Lease liabilities, non-current		138
Financing lease obligations	Lease liabilities, non-current		283
Total lease liabilities		$	648

Schedule of Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases are as follows:

(In thousands)
For the Year Ended June 30,	Operating Leases		Financing Leases		Total
2022	$	52	$	77	$	129
2023		103		154		257
2024		93		154		247
2025		—		67		67
2026		—		—		—
Thereafter		—		—		—
Total lease obligations		248		452		700
Less: imputed interest		18		34		52
Present value of net minimum lease obligations		230		418		648
Less: lease liabilities - current		92		135		227
Lease liabilities - non-current	$	138	$	283	$	421

Schedule of Other Information

Other information as of December 31, 2021 is as follows:

Weighted-average remaining lease term (years):
Operating leases	2.4
Financing leases	3.0
Weighted-average discount rate:
Operating leases	6.4	%
Financing leases	5.3	%